According to @MI_Algos, the October 10 crypto flash crash saw BTC fall about 10%, while ETH and major altcoins like SOL, XRP, and LINK dropped 15–30%, with more than $19 billion in margin positions liquidated within 24 hours and BTC bottoming in the $104,000–$105,000 area; the author also notes an extreme outlier print in ATOM, underscoring the depth of the sell-off (source: @MI_Algos). Reuters, Barron's, Business Insider, and The Times of India reported that U.S. President Trump announced a 100% tariff on Chinese goods, pressuring risk assets broadly; @MI_Algos attributes the initial spark for the crypto sell-off to this tariff shock, which aligned crypto with equity risk-off flows (sources: Reuters; Barron's; Business Insider; The Times of India; @MI_Algos). According to @MI_Algos, market structure amplified the move via high leverage on longs, thin weekend liquidity, stop-loss clusters and algorithmic flows, plus rotation into perceived safer or higher-yield assets such as gold and stablecoins; key trading lessons include cutting leverage, waiting for breakout confirmation, respecting structural support with defined stops or hedges, scaling in gradually, and monitoring order-book liquidity heatmaps to avoid liquidity hunts during volatility (source: @MI_Algos).